AOFM SFSF Update: Forbearance SPV Expressions of Interest

AOFM SFSF Update: Forbearance SPV Expressions of Interest

May 21 2020

The AOFM and the ASF have been working closely together over the past few months to create a Forbearance SPV designed to mitigate the impact on securitisation vehicles of forbearance arrangements arising from COVID-19 hardship.

The arrangements for the SPV are close to being finalised. As such, in order to identify required detail in support of arrangements for prospective draws and operational matters in relation to use of the Forbearance SPV, the AOFM is now seeking Expressions of Interest and supporting information from SFSF eligible lenders.

Expressions of interest will not constitute a formal application or acceptance to use the Forbearance SPV, nor will they supersede any other expressions of interest a lender may have already submitted to the AOFM.